October 16, 2018 @ 2:40 pm By Samantha Hurst  |  

Bitfinex, a digital asset trading platform, announced on Tuesday the launch of its improved fiat deposit system. According to Bitfinex, the new process will allow KYC-verified users to initiate deposits across USD, GBP, JPY, and EUR. Bitfinex also reported that deposit system will function as follows: A… Read More

October 16, 2018 @ 2:06 pm By Samantha Hurst  |  

U.S. based private equity and operating firm HCS Capital announced on Tuesday it invested $3 million in Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America. HSC Capital reported that the insurtech investment marks the most recent… Read More

October 16, 2018 @ 12:52 pm By Samantha Hurst  |  

Australian global payments provider Verrency announced on Tuesday that it has been selected for Plug and Play’s accelerator programs in the Silicon Valley, Singapore and now in Frankfurt, Germany as the company extends its global reach in the fintech market. According to Verrency, thousands of start-up companies apply to Plug… Read More

October 16, 2018 @ 9:40 am By Samantha Hurst  |  

Crypto marketplace Coinbase announced on Tuesday it has continued its European expansion by opening its new office in Dublin. According to Coinbase, the expansion will create new jobs and grow the burgeoning Irish crypto economy. The marketplace then confirmed that the number of its customers in the… Read More

October 16, 2018 @ 8:44 am By Samantha Hurst  |  

Cryptic Labs, a research accelerator primarily focused on solving fundamental problems in security and economics to advance the viability and growth of the blockchain, announced on Tuesday it has formed a partnership with Fractal Platform to provide what it believes is rigorous economic modeling and bespoke research… Read More

October 16, 2018 @ 7:47 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has formed a partnership with ClickPay, a provider of comprehensive electronic payment solutions for the multifamily, HOA, condominium and co-op segments of real estate industry, to help… Read More

October 15, 2018 @ 4:11 pm By Samantha Hurst  |  

Online small business lender Lendio announced on Monday it has facilitated $1 billion in financing to more than 51,000 small businesses across the U.S. since its inception in 2011. The lending platform reported that its small business clients have burgeoned, generating an estimated $3.8 billion in… Read More

October 15, 2018 @ 3:18 pm By Samantha Hurst  |  

Biz2Credit recently announced the results of its latest small business lending index, which revealed small business loan approval rates for big banks reached another high point in September 2018. According to the index, September 2018’s approval percentage for big banks (assets of $10 billion+) rose two-tenths of… Read More

October 15, 2018 @ 2:34 pm By Samantha Hurst  |  

The Crypto Invest Summit (CIS) announced on Monday it has formed a partnership with EOS Lynx, a wallet application for the EOS blockchain, for this month’s event to promote wider cryptocurrency and Decentralized Application (DApp) adoption.  According to CIS, EOS Lynx is considered the “first” consumer… Read More

October 15, 2018 @ 1:27 pm By Samantha Hurst  |  

UK-based online lender LendInvest announced last week it has reduced rates and product fees across its Buy-to-Let product range. According to LendInvest, the pay rate for its five year fixed rate product has dropped to 3.60%, with the ICR calculation at a pay rate of 3.60%…. Read More

October 15, 2018 @ 11:51 am By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Monday it is now offering the option for merchants to receive settlement in Circle and the CENTRE USD//Coin (USDC) and the Gemini Dollar (GUSD), which are both stablecoins pegged to the U.S. Dollar. According to BitPay, merchants and businesses around the world can accept… Read More

October 15, 2018 @ 10:25 am By Samantha Hurst  |  

Abu Dhabi Securities Exchange (ADX), a regional financial market, announced on Friday it launched its new integrated digital platform, Sahmi. According to the organization, Sahmi provides digital services for individual investors. ADX revealed: “Sahmi aims to manage investor relations by automating investors service requests within… Read More

October 15, 2018 @ 9:42 am By Samantha Hurst  |  

Allied Wallet, a UK-based provider of online payment processing offering various payment solutions in nearly 200 countries around the world, announced on Monday it recently added several new payment options to their platform to service the growing demand of alternative options in Brazil and abroad. According to Allied… Read More

October 15, 2018 @ 8:13 am By Samantha Hurst  |  

International Financial Corporation (IFC), a member of the World Bank Group, and Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, announced on Monday the launch of their new 10×1000 Tech for Inclusion program at the 2018 Annual Meetings… Read More

October 14, 2018 @ 10:22 pm By Samantha Hurst  |  

Argo, a UK-based provider of cryptocurrency mining services, announced on Friday that Bitcoin will be launched on its cryptocurrency mining platform on November 1st. Founded in 2015, Argo describes itself as a platform that enables customers to efficiently mine Ethereum and other altcoins from their own… Read More

October 14, 2018 @ 10:06 pm By Samantha Hurst  |  

UK-based crowdfunding brewery BrewDog is set to close its Equity For Punks V funding round on Crowdcube with more than £24.7 million. The funding round, which launched in August, originally had already attracted more than £20.6 million prior to launching on Crowdcube and was seeking £22… Read More

October 12, 2018 @ 11:01 pm By Samantha Hurst  |  

Insurtech startup Jumpstart announces the official launch of an innovative type of natural disaster insurance in California, initially for earthquakes. Founded in 2015, Jumpstart stated its technology-driven, index-based approach delivers instant signup, affordable coverage, and automatic payout. “Starting with the earthquake risk in California, our first-of-its-kind policy… Read More

October 12, 2018 @ 10:49 pm By Samantha Hurst  |  

Cover, a U.S.-based mobile insurtech company and Y Combinator alum, announced last week it secured $16 million through Series B funding round, which was led by Tribe Capital with participationfrom Samsung, Y Combinator, Exor and Social Capital. Founded in 2016, Cover’s primary product is a… Read More

October 12, 2018 @ 4:00 pm By Samantha Hurst  |  

Danske Bank announced on Thursday it kickstarted a 10-week training program for 10 specifically selected Nordic start-ups. According to Danske, the program aims to help them fine-tune their business plan and increase their growth opportunities. Danske reported that from October 2018 to January 2019, all… Read More

October 12, 2018 @ 12:00 pm By Samantha Hurst  |  

On Friday, CoinText.io, a wallet to transact cryptocurrency using SMS messages, introduced its new “buy command” feature that will allow users to spend Bitcoin Cash (BCH) at any retailer that uses BitPay to process bitcoin payments. CoinText reported that its users can now instantly send… Read More